Alterra Capital Holdings (ALTE) Raises Quarterly Dividend 16.7% to $0.14; 2.6% Yield

Alterra Capital Holdings (NASDAQ: ALTE) declared a quarterly dividend of $0.14 per share, or $0.56 annualized. This is a 16.7% increase from the prior dividend of $0.12.

The dividend will be payable on August 30, 2011, to stockholders of record on August 16, 2011, with an ex-dividend date of August 12, 2011.

The annual yield on the dividend is 2.6 percent.

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